Examples of Initial Communities in a sentence
Check the best summary□ Not really □ Some □ Quite a bit Please explain the answer you checked by describing the experience of the Initial Communities in your Region with, or current capacity for, family participation in governance.
In connection with the IPO, the REIT indirectly acquired a 100% interest in a portfolio of 45 MHCs with 8,255 lots located in Kentucky, Indiana, Ohio, and Tennessee (the “Initial Communities”), together with a fleet of approximately 600 manufactured homes for lease to residents of the Initial Communities and the REIT’s head office property in Erlanger, Kentucky (collectively, the "Initial Portfolio").
As a result, upon completion of the merger and contribution, and certain related transactions on October 7, 2020, all of the Initial Communities and the remaining assets comprising the Initial Portfolio are indirectly held by the REIT through its indirect ownership of Flagship Operating, LLC.
Check the best summary🞎 Not really 🞎 Some 🞎 Quite a bit Please explain the answer you checked by describing involvement of representatives of the cultural groups that comprise the Initial Communities.
Check the best summary□ Not really □ Some □ Quite a bit Please explain the answer you checked by describing involvement of representatives of the cultural groups that comprise the Initial Communities.
Risk factors to the participant as well as people around the participant and measures in place to minimize them, including individualized back-up plans and strategies when needed.
The Initial Communities were indirectly owned by Flagship Communities LLC (“FCLLC”) and by Legacy SSK Portfolio (“SSK Entities”).
Empower will acquire and develop MHCs that do not meet the REIT’s investment criteria and conduct home sales, including sales of manufactured homes located on the Initial Communities, under the ‘‘You Got it Homes’’ brand.
In connection with the IPO, the REIT indirectly acquired the Initial Communities from entities owned and managed by certain executive officers of the REIT, as a result of which the REIT’s Chief Executive Officer and Chief Investment Officer acquired beneficial ownership, or control or direction over, directly or indirectly, 17,408 Units and 5,396,687 Class B Units.
Business Combination The Initial Communities were indirectly owned by Flagship Communities LLC (“FC LLC”) and by Legacy SSK Portfolio (“SSK Entities”).